Comment by stouset
6 months ago
For those who “need” it, you are really playing with fire. It’s not like chasing after losses to turn things around is a particularly rare response.
We’re in a thread under an article revealing how more and more people are falling victim to gambling addiction through the stock market. I’m not convinced that “you should just gamble some of your life savings” is the best suggestion for most people.
In a just and sane world, we would have pensions, locking up retirement savings away from human impulses and bad decisions. But here we are, doing our best to get through the shit show, surprised when humans do humans things.
I get that there are some people who do need that outlet. I’m just saying we don’t need to make “set aside 90% to gamble with!” the first recommendation, but maybe the last.